According to economist Sam Peltzman,by providing a fixed level of public education,government intervention:
A) may lower educational attainment by inducing families to choose higher-quality private schools over lower-quality public schools.
B) may lower educational attainment by inducing families to choose lower-quality public schools over higher-quality private schools.
C) will not affect educational attainment because families will choose the highest-quality school they can afford.
D) will definitely improve educational attainment because families will choose the highest-quality school they can afford.
Correct Answer:
Verified
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